Ida, MI Profile: Facts & Data

The Ida CDP⁽¹⁾ had a population of 776 as of July 1, 2023. Ida ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Ida is located at latitude 41.9109 and longitude -83.5735 in Monroe County. Monroe County is in the Eastern time zone (GMT -5).

The Ida Census Designated Place is located within Township of Ida, a minor civil division (MCD) of Monroe County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Ida, MI Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	776 (100%)
Population in Households	776 (100.0%)
Population in Families	674 (86.9%)
Population in Group Quarters¹	0
Population Density	314
Diversity Index²	14


INCOME
Median Household Income	$82,446
Average Household Income	$102,394
% of Income for Mortgage⁴	19%
Per Capita Income	$42,224
Wealth Index⁵	99
Socioeconomic Status Index⁶	High (66.3)

HOUSING
Total HU (Housing Units)	333 (100%)
Owner Occupied HU	292 (87.7%)
Renter Occupied HU	28 ( 8.4%)
Vacant Housing Units	13 ( 3.9%)
Median Home Value	$259,286
Average Home Value	$275,257
Housing Affordability Index³	128

HOUSEHOLDS
Total Households	320
Average Household Size	2.42
Family Households	228
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Ida, MI - Peer Comparisons by Rank and Percentile

The table below compares Ida to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.55%	-0.21%
Households	0.58%	0.06%
Families		0.35%
Median Household Income		2.48%
Per Capita Income		2.69%
Owner Occupied HU		0.20%

Variable Description	Rank	Percentile
Total Population	# 479	36th
Population Density	# 603	19th
Median Household Income	# 94	88th
Housing Affordability Index	# 371	50th
Per Capita Income	# 162	78th
Diversity Index	# 675	9th

Ida, MI Profile: Facts & Data

Ida, Michigan - Basic Facts

Ida, MI Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ida, MI - Peer Comparisons by Rank and Percentile

Ida, MI - Most Popular Things to Do

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